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Side-by-side financial comparison of Nutex Health, Inc. (NUTX) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Nutex Health, Inc. is the larger business by last-quarter revenue ($151.7M vs $100.0M, roughly 1.5× Latham Group, Inc.). Nutex Health, Inc. runs the higher net margin — 7.8% vs -7.0%, a 14.8% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs -41.1%). Nutex Health, Inc. produced more free cash flow last quarter ($69.0M vs $14.1M). Over the past eight quarters, Nutex Health, Inc.'s revenue compounded faster (50.0% CAGR vs -4.9%).
Nutex Health Inc. is an American for-profit health care company and operator of healthcare facilities headquartered in Houston, Texas.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
NUTX vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $151.7M | $100.0M |
| Net Profit | $11.8M | $-7.0M |
| Gross Margin | 30.4% | 28.0% |
| Operating Margin | 20.4% | -10.7% |
| Net Margin | 7.8% | -7.0% |
| Revenue YoY | -41.1% | 14.5% |
| Net Profit YoY | -80.8% | 76.0% |
| EPS (diluted) | $2.34 | $-0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $151.7M | $100.0M | ||
| Q3 25 | $267.8M | $161.9M | ||
| Q2 25 | $244.0M | $172.6M | ||
| Q1 25 | $211.8M | $111.4M | ||
| Q4 24 | $257.6M | $87.3M | ||
| Q3 24 | $78.8M | $150.5M | ||
| Q2 24 | $76.1M | $160.1M | ||
| Q1 24 | $67.5M | $110.6M |
| Q4 25 | $11.8M | $-7.0M | ||
| Q3 25 | $55.4M | $8.1M | ||
| Q2 25 | $-17.7M | $16.0M | ||
| Q1 25 | $21.2M | $-6.0M | ||
| Q4 24 | $61.6M | $-29.2M | ||
| Q3 24 | $-8.8M | $5.9M | ||
| Q2 24 | $-364.0K | $13.3M | ||
| Q1 24 | $-364.0K | $-7.9M |
| Q4 25 | 30.4% | 28.0% | ||
| Q3 25 | 57.8% | 35.4% | ||
| Q2 25 | 51.2% | 37.1% | ||
| Q1 25 | 55.9% | 29.5% | ||
| Q4 24 | 55.0% | 24.6% | ||
| Q3 24 | 27.8% | 32.4% | ||
| Q2 24 | 29.7% | 33.1% | ||
| Q1 24 | 15.1% | 27.7% |
| Q4 25 | 20.4% | -10.7% | ||
| Q3 25 | 48.7% | 13.3% | ||
| Q2 25 | 13.8% | 14.3% | ||
| Q1 25 | 38.1% | -4.4% | ||
| Q4 24 | 44.4% | -14.9% | ||
| Q3 24 | 12.3% | 8.9% | ||
| Q2 24 | 7.0% | 12.5% | ||
| Q1 24 | 2.1% | -1.9% |
| Q4 25 | 7.8% | -7.0% | ||
| Q3 25 | 20.7% | 5.0% | ||
| Q2 25 | -7.3% | 9.3% | ||
| Q1 25 | 10.0% | -5.4% | ||
| Q4 24 | 23.9% | -33.4% | ||
| Q3 24 | -11.2% | 3.9% | ||
| Q2 24 | -0.5% | 8.3% | ||
| Q1 24 | -0.5% | -7.1% |
| Q4 25 | $2.34 | $-0.06 | ||
| Q3 25 | $7.76 | $0.07 | ||
| Q2 25 | $-2.95 | $0.13 | ||
| Q1 25 | $3.33 | $-0.05 | ||
| Q4 24 | $11.56 | $-0.24 | ||
| Q3 24 | $-1.72 | $0.05 | ||
| Q2 24 | $-0.07 | $0.11 | ||
| Q1 24 | $-0.08 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $185.6M | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $329.4M | $405.9M |
| Total Assets | $918.5M | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $185.6M | — | ||
| Q3 25 | $166.0M | — | ||
| Q2 25 | $96.7M | — | ||
| Q1 25 | $84.7M | — | ||
| Q4 24 | $40.6M | — | ||
| Q3 24 | $46.9M | — | ||
| Q2 24 | $40.8M | — | ||
| Q1 24 | $30.0M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | $329.4M | $405.9M | ||
| Q3 25 | $317.2M | $408.4M | ||
| Q2 25 | $235.3M | $398.4M | ||
| Q1 25 | $176.9M | $381.1M | ||
| Q4 24 | $132.4M | $387.2M | ||
| Q3 24 | $60.4M | $416.6M | ||
| Q2 24 | $62.7M | $408.1M | ||
| Q1 24 | $63.0M | $391.8M |
| Q4 25 | $918.5M | $823.2M | ||
| Q3 25 | $964.5M | $844.4M | ||
| Q2 25 | $841.0M | $822.1M | ||
| Q1 25 | $761.9M | $824.6M | ||
| Q4 24 | $655.3M | $794.2M | ||
| Q3 24 | $438.5M | $853.4M | ||
| Q2 24 | $422.4M | $830.0M | ||
| Q1 24 | $404.3M | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $70.4M | $23.3M |
| Free Cash FlowOCF − Capex | $69.0M | $14.1M |
| FCF MarginFCF / Revenue | 45.5% | 14.1% |
| Capex IntensityCapex / Revenue | 0.9% | 9.2% |
| Cash ConversionOCF / Net Profit | 5.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $245.6M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.4M | $23.3M | ||
| Q3 25 | $99.5M | $51.0M | ||
| Q2 25 | $27.3M | $36.0M | ||
| Q1 25 | $51.0M | $-46.9M | ||
| Q4 24 | $54.0K | $6.2M | ||
| Q3 24 | $6.8M | $37.2M | ||
| Q2 24 | $13.3M | $52.4M | ||
| Q1 24 | $3.1M | $-34.5M |
| Q4 25 | $69.0M | $14.1M | ||
| Q3 25 | $99.2M | $45.2M | ||
| Q2 25 | $26.5M | $29.1M | ||
| Q1 25 | $50.9M | $-50.3M | ||
| Q4 24 | $-341.0K | $-98.0K | ||
| Q3 24 | $6.2M | $33.2M | ||
| Q2 24 | $12.7M | $47.9M | ||
| Q1 24 | $2.3M | $-39.9M |
| Q4 25 | 45.5% | 14.1% | ||
| Q3 25 | 37.0% | 27.9% | ||
| Q2 25 | 10.9% | 16.8% | ||
| Q1 25 | 24.0% | -45.2% | ||
| Q4 24 | -0.1% | -0.1% | ||
| Q3 24 | 7.8% | 22.1% | ||
| Q2 24 | 16.7% | 29.9% | ||
| Q1 24 | 3.4% | -36.0% |
| Q4 25 | 0.9% | 9.2% | ||
| Q3 25 | 0.1% | 3.6% | ||
| Q2 25 | 0.3% | 4.0% | ||
| Q1 25 | 0.0% | 3.1% | ||
| Q4 24 | 0.2% | 7.2% | ||
| Q3 24 | 0.8% | 2.7% | ||
| Q2 24 | 0.7% | 2.8% | ||
| Q1 24 | 1.1% | 4.8% |
| Q4 25 | 5.95× | — | ||
| Q3 25 | 1.80× | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | 2.40× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NUTX
| Hospital Division | $143.7M | 95% |
| Population Health Management Division | $8.0M | 5% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
